Exempt
51exempt property — Property or value in such property that is removed from the bankruptcy estate after having been properly declared as exempt in the bankruptcy schedules without any objection thereto (SA Bankruptcy.com) Property or value in property that a debtor… …
52exempt rating — noun A rating by which a business is exempted from charging or reclaiming VAT on the goods it supplies, the goods concerned being themselves exempted from VAT (see also ↑zero rating under ↑zero) • • • Main Entry: ↑exempt …
53exempt supplies — plural noun Goods or services supplied by a business on which VAT is not allowed to be charged • • • Main Entry: ↑exempt …
54exempt employee — An employee who is not entitled to extra pay for overtime hours worked under the Fair Labor Standards Act (FLSA). Category: Employment Law & HR → Employee Rights Category: Employment Law & HR → Human Resources Nolo’s Plain English Law Dictionary …
55exempt interest — For the purposes of stamp duty land tax, any security interest; any licence to use or occupy land; a tenancy at will, advowson (a perpetual right of presentation to an ecclesiastical living), franchise or lordship of the manor (section 48(2),… …
56exempt regulated activity — An activity, which may, as a result of Part XX of the Financial Services and Markets Act 2000 be carried on by members of a profession which is supervised and regulated by a designated professional body without breaching the general prohibition.… …
57exempt transaction — A land transaction where there is no chargeable consideration or one which arises in connection with a divorce, the variation of a testamentary disposition or the grant of a lease by a registered social landlord (Schedule 3, Finance Act 2003).… …
58exempt from external authority — index free (enjoying civil liberty), sovereign (independent) Burton s Legal Thesaurus. William C. Burton. 2006 …
59Exempt charity — An exempt charity is an institution established in the United Kingdom for charitable purposes which is exempt from registration with, and oversight by, the Charity Commission. Exempt charities are largely institutions of further and higher… …
60EXEMPT, EMPTE — adj. Qui par droit, par privilège, par nature, n’est point sujet à quelque chose, qui n’est point assujetti à quelque chose. Autrefois les gentilshommes étaient exempts de tailles. être exempt du service militaire. être exempt de passion. Son… …
